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Other financials

Income statement

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Revenue$2.3B+5.8%
Gross profit$862.1M+4.7%
Operating income$444.5M+174%
Net income-$724.2M-9.3%
EPS (diluted)-$6.79-9.2%

Balance sheet

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Cash & equivalents$58.6M-16.2%
Total debt$7.0B-10.6%
Total equity$5.5B-8.9%
Total assets$16.2B-7.7%

Cash flow

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Operating cash flow$579.2M+47.0%
CapEx$95.3M+0.3%
Free cash flow$483.9M+61.9%

Valuation

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Market cap$11.82B-15.1%
Enterprise value$18.75B-13.4%
P/S1.3×-0.3×

Profitability

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Gross margin33.5%-5.3pp
Operating margin4%+2.4pp
Net margin-14.1%-19.1pp
FCF margin12.8%+3.4pp

Returns & leverage

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Return on equity-20.7%-26.1pp
Debt / equity1.3×0.0×
Current ratio0.8×0.0×

Where this comes from

Reported directly by The J.M. Smucker Company in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxPaidStateAndLocalAfterRefundReceived.

The official record: The J.M. Smucker Company’s 10-K, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is The J.M. Smucker Company's state taxes?
The J.M. Smucker Company (SJM) reported state taxes of $6.63M in Q1 2026.
How has The J.M. Smucker Company's state taxes changed year-over-year?
The J.M. Smucker Company's state taxes decreased by 49.6% year-over-year, from $13.15M to $6.63M.
What is the long-term trend for The J.M. Smucker Company's state taxes?
Over 2 years (2024 to 2026), The J.M. Smucker Company's state taxes has grown at a -25.4% compound annual growth rate (CAGR), from $47.6M to $26.5M.
What does state taxes mean?
The net cash amount paid for state and local income taxes.
How do you interpret state taxes?
Fluctuations often correlate with changes in regional profitability or state-level tax policy adjustments.
How does state taxes compare across companies?
Standard disclosure for companies with significant domestic operations.